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20130121
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Search Results 0 to 26 of about 27 (some duplicates have been removed)
is getting congress to increase the nation's debt ceiling at that talk about cutting the debt. that's where some think he will try to cement his legacy. >> he's going to try to get our long term in thailand obligations under control and set us on a new fiscal course. >> the president's first foreign-policy priority last term was israeli-palestinian peace. it's unlikely to take the top spot the second time, where most expect the president's focus to be on iran. >> it's hard to believe if we can't get a meaningful negotiation within the next two years that you will not have it read capable of producing a nuclear weapons. then, the u.s. has the choice in its negotiations -- will the solution be containment or is it going to be a preventive strike? >> as he takes the oath again, he will do it with the experience of that presidencies are often formed by crises that happened outside of their control. he will know all folksy brought here last i did not change washington. he will try something -- you have to try something new if you want to accomplish his ambitious agenda this type. >> there are re
there and hope to continue that through the next round of debt ceiling talks. remember, neil, there are two issues that the rating agencies are looking for, they want an orderly increase of the debt ceiling. they say no strings attached. you go further down into those press releases and they are saying, we want a budget deal, this year, 2013. that is something that republicans are looking for and that is something they hope to secure out of all of this. neil: peter barnes, if you are still with me, too, i want to bring you into this. secretary of state hillary clinton with john kerry. there was a clear message in the president's remarks that, of course, the u.s. will always be involved, i am paraphrasing of course. there is clearly a pullback here. a mentality expressed by the likes of chuck hagel and, of course, john kerry that the u.s. should not be involved in each and every crisis that comes up. in other words republican critics will say surrounding that role to international agencies, united nations or europe, more to the point. the french wanting some funding and more support and what
. right now they're talking about perhaps an increase in the debt ceiling that lasts for a couple of months, that is offering that to the president. frankly, and russ say agree with me here, i don't think markets would react to -- very approvingly to basically just another lurch from crisis to crisis. it wasn't too long ago that, maria, you and i were sitting in these chairs talking about the fiscal cliff. now the debt ceiling. do you want to have this discussion two months from now? >> i believe everybody believes this debt ceiling will be extended. you know these guys well. you worked right there with vice president biden. let me get your take on this. if we keep fighting about spending cuts and reining in the spending, how come it's always about putting the gloves on and fighting? we're not going to do this, we're not going to do that. how come we haven't seen any proposals for spending cuts? are we going to see that, you think? >> i do think so. i mean, i think that we have to go through this unfortunately, at least recent history suggests we have to go through this crisis men
talking about the fiscal cliff. now the debt ceiling. do you want to have this discussion two months from now? >> i believe everybody believes this debt ceiling will be extended. you know these guys well. you worked right there with vice president biden. let me get your take on this. if we keep fighting about spending cuts and reining in the spending, how come it's always about putting the gloves on and fighting? we're not going to do this, we're not going to do that. how come we haven't seen any proposals for spending cuts? are we going to see that, you think? >> i do think so. i mean, i think that we have to go through this unfortunately, at least recent history suggests we have to go through this crisis mentality to get there. i will say this, and we shouldn't forget it. thus far, there's been $1.5 trillion in spending cuts that have been made. they're on the books. there's been $600 billion in tax increases. made, on the books. sos that over $2 trillion in deficit reduction in two years. it doesn't get us all of the way there but largely, two thirds of the way there at least within a
on the debt ceiling which is that all of the talk about how crazy that position was and how dangerous it was, has in a weird way, made -- if they go forward and do the straightforward government shut down over the cr, for example -- >> the continuing resolution. >> right, less scary, less like a big deal and less, you know, nuclear than what was being discussed before and in a way they've kind of given themselves room to go bigger on some of these things than maybe they would have had before. >> chris: and, one thing i would say is there is a new realization by the house leadership and the house ment n mentione mentioned. mentioned... coming up, after the break, tougher gun control laws, will congress pass the president's new plan? >> chris: still to come, our power player of the week. >> when word gets out the president is coming to worship. >> chris: st. john's has been linked to presidents for almost two centuries. >> you almost feel like the church will tilt over on one side because there are so many people on that one side. ♪ >> president barack obama: most gun owners agree that we c
ceiling and passing a gun control. >> he is going to talk about our political system does not settle all of our differences >> after the official business. it will party at the inaugural ball. in washington, tory dunnin. >> and you'll be able to watch the inauguration ceremony live during the kron-4 morning news on monday. it will start at 8-30 in the morning. and we'll also have the inaugural parade live on our 24-7 bay area news channel - starting at 10-35. >> temperatures in the 30's and '40's. even the chance for some chanel showers. looking great, plenty of sunshine and temperatures making it into the mid '60s. look for readings in the low 60s. 65 degrees. berkeley, richmond, oakland. and this nice weather will hang on for another day. 60s and sunshine. for wednesday, this weather system is coming through with harley of mostly cloudy skies. sunday for thursday and friday of the chances for storms with rainfall possible. >> we will continue our coverage and a gary radnich will also be back with the recap >> the 49ers are favored by 5. here is how it is a set of. colin kaepernick. it
years later we are together. i think we talked about the debt ceiling three years ago? stuart: we did. what do you think about this gift? what do you think, accountant? tracy: i think the irs is doing a happy dance, they've got big tax collections on it. >> as long as he pays taxes on it, i don't have a problem. >> save me. charles: all i can do is echo you, i just have a big problem with al gore. stuart: thank you very much. tracy: this is why charles and i are still on the show and chris and i are not. stuart: a special anniversary highlight reel is next.
the citizenship -- with the documents and there are big fiscal fights coming up with the debt ceiling and running the government that will occupy his time. >> if you were a betting man what would he have success with/ >> immigration is the biggest one and republicans may support that. everything he talked about, i don't think in a year he'd pass it all. >> the innaaguration of 2013 -- they are making plans to make it go more smoothly and how the badnsnds are preparing. >> what a treat we had today lower sixties. big changes tomorrow. wait until you feel the difference. ♪ ♪ aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print and have it picked up for free. any time of year. ♪ ♪ nice sweater. thank you. ♪ ♪ >> tomorrow will see changes learned from 2008. the metro will allow drivers to pay for parking on their way out of the lots after people were waiting in line to park and spilled out on the interstates. but that is far from the only change. >> when pre
. we talk a lot about the debt ceiling and the fiscal cliff, what has gone unnoticed is what is happening at the federal reserve. we're talking about $1.46 trillion in bank reserves parked at the federal reserve, it could rise 2.6 tree and dollars by next year so look at this graph line we are showing you. back to 1960. you will see flatlining through 2010 and look at that spiked higher on the far right. now trending toward $2 trillion, north of that by next year, so talk about what happens when the federal reserve drops interest rate and pays the bank to park that money at the federal reserve, what if it dropped it to zero? federal reserve says we can actually raise interest rate and keep the money parked at the federal reserve. paintings half of a percentage point. in other news that has gone totally unnoticed, they will hit more than $3 trillion by the end of february, so that it'd be deal. talking for the first time the explicit unemployment target rate around 6.5%, and you can imagine the fed balance sheet will continue to balloon until we get the jobless rate down. $3 t
the cliff on the debt ceiling. >> if you do talk to republicans, they'll tell you this is a president, very confident from his re-election. some might use the word cocky, and that he has become more partisan and more hard nosed. would you agree with that sae assessment? >> and is it by necessity or choice? >> no, i think he's become -- he's practical. and if the other side is going to take a position that they're going to oppose you on every initiative, you have to seek national support. in a democracy, people push policy forward not the politicians and so that's a lesson that he has drawn from the first term. that said, as far as i can -- as i know, and as i know him, his door is always open to people who are willing to work together to solve problems and one hopes in the next four years there will be a spirit of cooperation. understand we're never going to agree on anything. that's why we have two parties. in order to move the country forward we have to move together. >> david axelrod, always good to see you. >> good to see you, savannah. >> i know you'll be watching. we will have more on
about what kneele just brought up. the debt ceiling debacle and those comments from chuck schumer. all of that after the break. the staggering death toll in the algerian hostage crisis keeps rising. reports say more than 80 people were killed including three americans. now some question why the algerian government acted the way it did. we have details on the latest developments. more "money" coming up. don't go away. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if y
for the markets and the economy? >> i hope so. if what the republicans are talking about is let's have this debt ceiling skirmish every quarter, every three months, nobody is going to like that, especially the markets, and for very good reason. if what they're say something we're not going to play debt ceiling leverage anymore, which has obviously been the president's position, that's good. my feeling is it's probably the latter. i think there are enough kind of economic grown-ups in the room to really control the folks who have threatened to use that kind of leverage. >> but the senate has not had a budget resolution pass through the senate in, what is it, four years now? >> april, 2009. >> that feels to me pretty shameful frankly. i don't know the politics and i'm not exactly sure why that's the case, but isn't that a critical step in bridging the gap and making progress on these issues where you can not go to these sort of extra legal things like using the debt ceiling as leverage, but you can use the process as it is intended to be used. >> i agree, and it's an interesting quid pro quo for t
was talking again about a balanced approach saying whatever deal on the debt ceiling has to have tax loopholes closed. speaker boehner brought the 800 billion in loop whole closures in the beginning of the fiscal cliff negotiation that should be a part of this deal. despite the fact that the president wanted rate increase on the fiscal deal and that's all they want. >> you can see the democrats and white house believe they have the argument in their back pocket. they offered once they can call on it again if they are going to concede on any spending cuts. none have been discussed at least in the short term are going to solve the problem. the only way you solve the problem is by structural entitlement reform. you have to change the trajectory. it is not 50 billion from defense spending there. it would have an impact in our capability in context with the military but the only way you get serious and change the trajectory of the debt is to have entitlement reform. >> what does that take? we are europe and finally we have to do something about it? >> i think charles's point this is a president who
concerned, indeed. i think the talks in the u.s. about the debt ceiling combined with spanish gdp coming out, my worries about german gdp, uk numbers at the end of this week, i think it is a rather unpleasant cocktail which is brewing. the last time, the story in the u.s. did stop the rally in its tracks. combined with bad news possibly later in the month, that could put a sense of reversal. i've been going for risk off in february and march. >> you're starting to fade this move. >> i'm recommending investors now start to back off and look for good ways of getting their risks down. >> all right. allen capper, head of strategy at lloyd's, thank you so much for your time. stick around. coming up, preparations returned way in washington for the inauguration of president obama's second term. what does it mean? we'll explore. >>> welcome to "worldwide exchange." i'm kemly evans. these are your headlines from around the world. all eyes on washington, d.c. today as president obama will be sworn in publicly for his second term, this amid continuing division owes capitol hill over physical policy. >>
the congress you are going to see on debt ceiling. the republicans in the house are talking about a short-term view of that. it certainly would avoid disaster coming up for the end of march. you will still have the issue of raising it for the long term. on the republican side there is no real appetite to do that without the reforms. same for gun-control. a lot of the agenda items that the president announced last week, the 23 executive actions you will see taken piece by piece. the easiest one to accomplish will be those that come forward the fastest, and the same for immigration reform. there is a lot that could be done and a comprehensive approach, but i think you will see that come down to the very bare minimum that both sides are able to agree on. >> let me follow up with a vote that will happen on wednesday. that will give another three months and the extension of the debt limit. weird is that position? why delay that for three months? where does that put them in march and april? >> this is an acknowledgement that they have lost the debt ceiling essentially as a leveraged tool they h
to you. >>> it is time for a look at who is talking. we are hearing from you the american people brand new fox news polls show where you stand. the most important issues for our country such as debt ceiling spending and the gun control debate. >> that's where we begin our first pole this morning. when asked if you think the tough gun control laws will prevent acts like the noun shooting 41 percent say no people will still try to commit the acts. 22 percent said yes. we asked about finances. those polled say income taxes will likely go up this year 11 percent more than the number who believe gun laws will change. 48 percent say they expect changes through immigration reform this year. 21 percent believe the deficit will get smaller. >> when it comes to the deficit in spending 83 percent were told they believe government spending is out of control that's up from 78 percent back in february 2010 and the next economic debate is whether to raise that debt ceiling. 69 percent of you said it should only be raised after major cuts are made where 23 percent say it would be reckless not to. it i
are talking more about his run being for president. he closed the deal on the debt ceiling with mitch mcconnell. he was the spokesman for the gun initiative. these are high-profile roles that presidents don't have to give to vice presidents. this is how important joe biden has become in this administration. >> they clearly have an incredible relationship. gloria borger just spent some time with the vice president. gloria, if you can hear me, talk a little about what we're seeing right now. >> i think you're seeing vintage joe biden. this is the joe biden that those of us who have covered him for quite some time know pretty well. i mean, it's unvarnished. this is not his parade but he's kind of turning it into his parade. i think he knows, wolf, that this could be his last parade unless he does run again. he wouldn't commit to me one way or another. i think he's surely thinking about it. we were talking here about how fit joe biden is. for a man his age. when i was -- i interviewed him in the old executive office building on friday. look at him run. and that's how he walks down the hall a
the whole debt ceiling issue, and also immigration reform. something that the president said would be a top priority. so a lot of different events for the president today. capping it off will be two balls. on official inaugural ball and the commander in chief ball taking place tonight. key folks will be taking part in ceremonies today. in particular, some hispanics playing an important role. chief justice sonja sotomayor, takie ing place on the swearing of the president. the inaugural committee has chosen a cuban american to read an original poem. cuban american civil jeer and author, richard blanco. so hispanics playing an important role on an important day in washington. john. >> a long day of firsts and a long day of celebration. dan lothian at the white house this morning. the crowd expected to turn up at the national mall, not expected to be as large as four years ago, when 1.8 million people crowded into the city. they are still expecting some 800,000 people today. nothing to thumb your nose at. christi paul on the national mall where crowds are gathering. >> they are gathering and dr
in the last few days, the republicans have made some offers with respect to the debt ceiling and i've seen some republicans talking about immigration reform. so maybe we are on a roll. but i wouldn't bet on it yet. >> i, too, noticed those offers on things like the debt ceiling. but, general, what you've -- there's the real first couple of new york and washington, d.c. beyonce and jay-z entering. that will get a lot of attention. we just missed james taylor coming down the stairs. general, there's just flat out hatred out there, too. there is nastiness out there in the land. there's nastiness between these two parties. there's the president and mrs. carter. how do we fix that? let's especially go to the republican party. they've got -- they've been -- they've been caucusing. they've been quite literally in retreat these past few days. house republicans. what do they do to widen, if it is in their interests, widen their doorway to membership, to entry? >> well, as i've been saying and sat with david gregory the other day, the party is not where the american people have been in recent years.
have this huge challenge and putting off the debt ceiling is not going to solve the problem. we will see what happens. >> i will say that we have been talking about mistakes that have been made and they can put themselves in a terrible position. i was glad to see it. it was a smart move to put off the debt ceiling for three months and tell democrats we will do what no label said they will do. we will say pass a budget for the first time in four years, democrats. we will pass a budget and work together to try to solve the crisis. >> for almost seems like the hard thing, neither side wants to have to do. at some point, we will go off a cliff as a country and as a society. we have to do hard things in order to get the fiscal situation under control so that we don't pass down to our children a terrible economy and terrible future financially and also in terms of guns. other social issues. the issues related to the gun issue. mental health and violence in the media. we have to do this. both parties do not want to do the hard things. >> you make an interesting
washington and that is what are we going to do about raising the debt ceiling. the republicans decided earlier today that they will do that and they're going to introduce legislation to do it on wednesday. we got a few more details now. they will extend the debt ceiling to may 19, to go to may 19. but if congress does not get a budget done by april 15, i believe it is, then congress' salary will be held in abeyance. in other words, they won't get paid unless they can agree on a budget. so there's a lot of politics in this but i think this would be seen as a good sign that maybe they are going to at least get past this which would have been just a destructive and largely a waste of time when they should be getting on to other things and make the arguments about what we're going to spend the money on, not whether we pay the bills for things we've already purchased. so i think this is probably the best news we've heard today. >> pelley: the president met with the republican leadership at the white house today before he came up there. looks like there's a lot of effort going on by the pres
Search Results 0 to 26 of about 27 (some duplicates have been removed)